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Bybit Rising Fund Joins Forces with Ceylon Cash to Ready Sri Lankan Youth for Web3-Enabled Economy

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8 months ago

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Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reveal the Sri Lankan chapter of the Bybit Rising Fund initiative in collaboration with Ceylon Cash, the driving force behind Web3Ceylon, Sri Lanka’s largest community-led blockchain education and adoption program. The joint initiative serves to promote Web3 literacy and empower the next generation of talent with a passion for blockchain technology and the digital economy.

Through Web3Ceylon, Bybit and Ceylon Cash will curate a series of educational seminars in Colombo (September 20, 2025), Galle (September 17, 2025), Kandy (September 28, 2025), and Ella (October 12, 2025) in Sri Lanka to build awareness and understanding of blockchain technologies. Newcomers, researchers, creators and builders stand to benefit from an effective and engaging introduction into the world of cryptocurrencies, distributed ledger technology, and on-chain security.

The four seminars aim to connect local builders, learners, and educators with experts at the forefront of blockchain innovation and safety, expanding access to the know-how and vision of a blockchain-enabled future for all, one city at a time.

Highlights

  • Up to 600 seats available across four cities in Sri Lanka
  • Knowledge transfer: Hands-on workshops and sessions on the basics of wallets, smart contracts, and building a Web3 project
  • In-depth insights: Industry insiders and innovators will share real-world case studies of blockchain, diving into the technology, application and utility, and business layers of the technology
  • Connecting with changemakers: Bringing together creators, builders, and entrepreneurs to shape the growth opportunities in Sri Lanka and meet the needs of local communities

Registration is required and subject to approval.

“At Bybit, we believe education is the first step toward building a sustainable Web3 future. Sri Lanka’s vibrant youth and entrepreneurial spirit make it an ideal place to nurture the next generation of blockchain innovators. Through this partnership with Ceylon Cash and Web3Ceylon, we aim to equip young people with the skills, knowledge, and opportunities they need to participate confidently in the digital economy and become active contributors to the global Web3 ecosystem,” said Nazar Tymoshchuk, Regional Manager at Bybit.

“We devise the seminars with everyone in mind: the speakers will cover everything from the basics to the technical aspects. Whether you are a developer eager to kick start your blockchain journey, a small business owner curious about crypto payments, or a student preparing yourself for the future of Web3, we have something to offer,” said Nisal Chandrasekara, Community Lead at Ceylon Cash.

With a fast-growing digital economy, high mobile penetration, and rising interest in blockchain and cryptocurrencies, Sri Lanka is well positioned to capture the transformative opportunities in Web3. As part of Bybit’s World Series of Trading (WSOT) 2025, the Bybit Rising Fund supports community-led initiatives that benefit local Web3 enthusiasts, builders, and educators.  

The Bybit Rising Fund is part of a community outreach program under WSOT 2025, to improve the access to and the quality of blockchain education in local communities. Registration is required for all events and subject to approval.

#Bybit / #TheCryptoArk  

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Sohan Jayasena to take ceylon spices to the global wellness stage with Mild Earth

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2 weeks ago

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April 10, 2026

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Sri Lanka may give the world another refreshing beverage. Made of an original recipe, it’s brewed from some of the country’s most iconic spices, that could, in time, match the country’s best-known export, tea, thanks to the vision of the enterprising young marketing professional, Sohan Jayasena and his company mild earth

‘Wild Mist Water’ unveiled at an appropriately styled ‘quiet reveal’ in Colombo 7 a few weeks back is, in its creator Sohan Jayasena’s words, “a luxury wellness experience inspired by Sri Lanka’s botanical heritage.”

Available initially in four variants, the Wild Mist Water mixes come in canisters, and their contents must be brewed just as tea is, with each canister containing a thoughtfully curated mix of local spices that have been associated for generations with physical and mental wellbeing.

The spices that go into the mix are drawn entirely from Sri Lanka’s botanical repertoire, with each blend combining coriander seeds with carefully balanced accents of nigella, cloves, cinnamon, rosemary and lemongrass. The result is a subtle, refined infusion designed not to overwhelm the palate, but to offer a calming aroma, a smooth mouthfeel and a sense of grounding that unfolds slowly with each sip, giving its patrons a time to pause a moment of calm that is much needed in a world that never pauses or stops.

At the heart of the brand is its founder’s belief that Sri Lanka’s wellness heritage does not need exaggeration or nostalgia to be relevant to modern life, only thoughtful reinterpretation.

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Araliya Group of Companies Strengthens Logistics Operations with Acquisition of 10 New Trucks from DIMO

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2 months ago

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February 15, 2026

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Araliya Group of Companies has further strengthened its logistics and transportation capabilities with the acquisition of 10 brand-new TATA LPK 1618 trucks from Diesel & Motor Engineering PLC (DIMO), one of Sri Lanka’s leading automobile distributors.

This strategic investment expands the Group’s existing fleet to over 200 vehicles, reinforcing its ability to support large-scale operations across multiple sectors. The newly added trucks are expected to enhance efficiency, reliability, and operational capacity within Araliya’s supply chain and distribution network.

DIMO’s comprehensive after-sales service, technical expertise, and long-standing reputation for quality were key factors behind the Group’s decision. The collaboration highlights Araliya Group’s continued commitment to operational excellence and sustainable growth, while reaffirming DIMO’s position as a trusted partner for large-scale commercial transport solutions in Sri Lanka.

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Sri Lanka’s Largest Vehicle Investment: DIMO and Rathna Rice Pvt Ltd Complete Historic 50-Vehicle Fleet Deal

Published

3 months ago

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February 10, 2026

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In a groundbreaking transaction that marks Sri Lanka’s largest single vehicle investment to date, DIMO Lanka has successfully completed the delivery of 50 LPT 1615 TATA commercial trucks to Rathna Rice Pvt Ltd, setting a new benchmark for fleet acquisitions in the country.

This substantial growth demonstrated by the local business sector represents an economically significant milestone for Sri Lanka’s commercial vehicle industry.

The deal underscores the confidence and expansion capabilities of Sri Lankan enterprises, highlighting the continued strength of the domestic business community.

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